Discontinued — last reported Q4 '23
Geographic · Property, plant and equipment, net
United States — Property, plant and equipment, net
Occidental Petroleum United States — Property, plant and equipment, net decreased by 0.1% to $51.65B in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2023
Rolls up toProperty, plant and equipment, net
How to read this metric
An increase typically signals ongoing capital investment and expansion of domestic production capacity, while a decrease may indicate asset divestitures, high depletion rates, or reduced capital expenditure in the region.
Detailed definition
This metric represents the net book value of tangible assets, including oil and gas properties, infrastructure, and equi...
Peer comparison
Peers in the oil and gas sector report this as 'Net PP&E' or 'Net Oil and Gas Properties' segmented by geography, allowing for comparison of capital intensity and asset concentration across different operating regions.
Metric ID:
oxy_segment_united_states_property_plant_and_equipment_netHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $53.20B | $51.71B | $51.65B |
| QoQ Change | — | -2.8% | -0.1% |
| YoY Change | — | -2.8% | -0.1% |
Range$51.65B – $53.20B
Avg YoY Growth-1.5%
Median YoY Growth-1.5%
Current Streak2+ quarters decline
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Frequently Asked Questions
- What is Occidental Petroleum's united states — property, plant and equipment, net?
- Occidental Petroleum (OXY) reported united states — property, plant and equipment, net of $51.65B in Q4 2023.
- What does united states — property, plant and equipment, net mean?
- The net value of the company's physical assets and infrastructure located in the United States after accounting for wear and tear.